OAKBROOK TERRACE, Ill. and ZURICH, June 27, 2011 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in strong authentication products and services, today announced that it launches its CertiID Managed PKI services on a global scale. With CertiID Managed PKI, corporations all over the world can benefit from trusted certificates and digital signatures without the need of implementing a PKI infrastructure in-house.
VASCO's move towards the global managed PKI sector is a consequence of its recent acquisition of the Dutch internet trust provider DigiNotar. DigiNotar is a trusted Certificate Authority (CA), and will take care of the entire security process for VASCO's Managed PKI customers.
The use of user authentication (OTP) with digital signatures (PKI) is growing rapidly, in various sectors and geographic markets. VASCO, as a market leader in the field of user authentication, electronic signatures and digital signatures, is well positioned to take advantage of that evolution.
Globally, government rules and regulations such as Sarbanes-Oxley (U.S.) are pushing corporations towards the implementation of best practices, trusted online channel and solid reporting methods. VASCO's CertiID Managed PKI provides tools for corporations to be compliant with aforementioned rules and regulations.
With the launch of CertiID Managed PKI, VASCO has expanded its identity management offering. The company believes that there is global demand from corporations that want an outsourced security model, offering a wide variety of applications, including remote access, signing services, disk encryption and many more.
With its three core technologies, VASCO offers a complete and competitive outsourced security range;
- Strong User Authentication via one-time passwords,
- Electronic Signatures for secure transactions, and
- the highest available security technology currently in the market, Digital Signatures or PKI.
VASCO markets its Managed PKI services in three different ways:
1. Customers can order up to 25 CertiID Personal Enterprise Certificates directly via VASCO's (www.vasco.com) website,
2. VASCO's channel partners can sell CertiID Personal Enterprise Certificate vouchers. These vouchers contain a code allowing the customer to order the certificates online via the VASCO website (up to 25 users) or take advantage of the customer specific managed portal to manage their certificates (over 25 users)
3. VASCO's channel partners can bundle CertiID Personal Enterprise Certificates with VASCO's and third party products.
"With this global launch of CertiID Managed PKI, VASCO continues its strategy of buying technologies and companies locally and marketing them globally," states Ken Hunt, VASCO's Chairman and CEO. "2 quarters ago, we acquired DigiNotar. We are proud to state that CertiID Managed PKI is the second hidden DigiNotar gem that VASCO offers to the world. Earlier this month, we already launched our own set of SSL and EVSSL certificates."
Definition PKI:
PKI (public key infrastructure) enables users of a basically unsecure public network such as the Internet to securely and privately exchange data and money through the use of a public and a private cryptographic key pair that is obtained and shared through a trusted authority. The public key infrastructure provides for a digital certificate that can identify an individual or an organization and directory services that can store and, when necessary, revoke the certificates.
About VASCO:
VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as a global software company for Internet Security serving a customer base of approximately 10,000 companies in more than 100 countries, including over 1,700 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.
Forward Looking Statements:
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. These forward-looking statements (1) are identified by use of terms and phrases such as "expect", "believe", "will", "anticipate", "emerging", "intend", "plan", "could", "may", "estimate", "should", "objective" and "goal", "possible", "potential", and similar words and expressions, but such words and phrases are not the exclusive means of identifying them, and (2) are subject to risks and uncertainties and represent our present expectations or beliefs concerning future events. VASCO cautions that the forward-looking statements are qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These risks, uncertainties and other factors have been described in greater detail in the Annual Report on Form 10-K for the fiscal year ended December 31, 2009 filed with the Securities and Exchange Commission and include, but are not limited to, (a) risks of general market conditions, including currency fluctuations and the uncertainties in world economic and financial markets, (b) risks inherent to the computer and network security industry, including rapidly changing technology, evolving industry standards, increasing numbers of patent infringement claims, changes in customer requirements, price competitive bidding, and changing government regulations, and (c) risks specific to VASCO, including, demand for our products and services, competition from more established firms and others, pressures on price levels and our historical dependence on relatively few products, certain suppliers and certain key customers. Reference is made to VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.
This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO "V" design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY
For more information contact: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com Follow us on Twitter: http://twitter.com/VASCODataNews
SOURCE VASCO Data Security International, Inc.
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